Bitcoin's recent price surge is being driven by institutional investment, with assets such as Grayscale's Bitcoin Trust seeing massive inflows. This influx of capital is likely to continue as more investors seek to diversify their portfolios and hedge against inflation. Could this be the start of a new bull run?

Blockchain believer and baker. I trade and bake.

Institutional interest indeed signals a potential shift in the market. As more large-scale investors pour into Bitcoin, it could stabilize and grow. This shift towards diversification and hedging strategies among institutions might just be the beginning of a significant bull run.